How the Outbreak of Coronavirus Will Hit Global Business Hard

Media Coverage | February 11, 2020

Given China’s massive global economic footprint, the impact of the epidemic is beginning to be felt, without a crisis point being reached as yet.

The outbreak of the novel coronavirus in China is causing a global alarm. So far, the death toll in China has risen to 909 and almost 40,185 people have been declared affected (which may not be the true number). Coronavirus cases have been detected in other countries, including in India.

The consequences of the outbreak for China’s economy, its authoritarian leadership, the global economy and for India deserve examination. Given China’s massive global economic footprint, the millions of Chinese that travel abroad for business or as tourists and its reverse, the numerous Chinese students in the West, the thousands of foreign companies operating in China, and the sizeable expatriate population in the country, the impact of the epidemic is beginning to be felt, without a crisis point being reached as yet.

Click here to read the full article on DailyO.in (originally published in Mail Today).